Facebook's valuation topped $200 million for the first time yesterday. The company's stock closed at $77.6, hitting a new all-time high, reaching $200 million in market value, according to Google Finance.
Social media is impressing Wall Street analysts with the revenues they recorded in the last quarter of 2013, due to their large expansion in mobile telephony and the increase in advertising revenue.
Facebook has expanded its base outside the United States. The company announced that it has 100 million users in Africa, half of the continent's internet users.
By comparison: Apple, the most valuable company in the world, has a market capitalization of $590 million, while Google follows at $400 million.
Source: defencenet.gr
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